Common use of License and Not a Lease Clause in Contracts

License and Not a Lease. NO RECORDING. This License Agreement shall not be deemed to create a leasehold interest or any other type of conveyance. Licensee shall not record this License Agreement or any portion or memorandum thereof in the applicable Land Records or with any Town Clerk's Office or with any other public authority.

Appears in 1 contract

Sources: License Agreement (Patriot National Bancorp Inc)

License and Not a Lease. NO RECORDINGNo Recording. This License Agreement shall not be deemed to create a leasehold interest or any other type of conveyance. Licensee shall not record this License Agreement or any portion or memorandum thereof in the applicable Land Records or with any Town Clerk's Office or with any other public authority.

Appears in 1 contract

Sources: License Agreement (Patriot National Bancorp Inc)